Over CU Opposition, House Passes Bill Banning Arbitration in Private Contracts 03/20/2022 04:16 pm WASHINGTON—Over credit union opposition, the House has passed the Forced Arbitration Injustice Repeal Act (FAIR), which bans arbitration provisions in private contracts, in a 222-209 vote.
Consumers Warned of Scams Related to Homeowner Assistance Fund 01/17/2022 04:47 pm NEW YORK – New Yorkers and consumers in general are being warned to be wary of scams and other deceptive practices related to the Homeowner Assistance Fund (HAF) by New York Attorney General Letitia James.
The SUMMIT Supports PAL 01/15/2022 12:05 pm ROCHESTER, N.Y.– The Summit Federal Credit Union has presented a $3,000 donation to the Syracuse Police Athletic/Activities League (PAL) at the Syracuse Police Department headquarters.
Michigan’s CUs Post Robust Growth Numbers During Q3 01/17/2022 04:48 pm LANSING, Mich.— Michigan’s credit unions are reporting the emergence of new COVID-19 variants have not slowed their growth.
Consumers Warned About Bogus Credit Union, Bogus Bank Sites 01/17/2022 04:48 pm WASHINGTON–Entities that include a bogus credit union and a bogus bank and that are purporting to offer banking services in Florida are targeting consumers as part of a scam, according to an alert from the Comptroller of the Currency (OCC).
Chartway Foundation Raised $670K During 2021 01/15/2022 02:05 pm VIRGINIA BEACH, Va.– To provide life-changing experiences thatbring joy, hope, and smiles to children facing medical hardship or illness, Chartway FCU said its We Promise Foundation hosted several fundraisers in 2021.
Holiday Spending Data Show How Popular BNPL is Becoming 01/17/2022 04:48 pm NEW YORK—Consumers’ reasons for seeking out buy now, pay later (BNPL) plans for recent holiday purchases varied, a new study reveals.
OK, I Hate to Use This Phrase, But... 01/16/2022 01:51 pm Like fingernails on a chalkboard, there has always been one hackneyed, banal phrase that appears in many press releases and manufactured quotes that has long had me reflexively reaching for the delete button before I read any further.